Arrow to buy wire company

Electronic components distributor Arrow Electronics said it will purchase Arlington,Texas-based wire, cable and harness supplier, A.E. Petsche Co, for an undisclosed amount.
Melville-based Arrow said the acquisition would expand its reach into the aerospace and defense market, Petsche's consumer base.
The deal is slated to close before the end of the year.
The Texas company, which employs 250 ...